Travelers (TRV) Stock Rallies 16% YTD: Will the Momentum Last?
Travelers(TRV) Zacks Investment Research·2024-02-22 00:31
Shares of The Travelers Companies, Inc. (TRV) have gained 15.5% year to date, outperforming the industry’s increase of 13%, the Finance sector’s rise of 3.2% and the Zacks S&P 500 composite index’s rise of 4.7%. With a market capitalization of $50 billion, the average volume of shares traded in the last three months was 1.5 million.Strong retention rates, positive renewal premium changes, strong returns from the non-fixed income portfolio and sufficient liquidity continue to drive this Zacks Rank #2 (Buy) i ...